A staggeringly beautiful 35 Acre (approx) bush retreat with perhaps the best views in Magra. The land is predominantly level or gently sloping, with a nice mix of forest and clearings. Mains power is available at the boundary. There is already a dam in place and the soil appears very fertile. A long cliff-face forms part of the other side boundary, the views from which are almost worth the purchase price alone. Privacy is assured, with the nearest neighbours kilometres away. There are numerous ideal building sites (S.T.C.A) or camping sites for those just looking for the ultimate weekend hideaway.
Please note that this property is currently accessible only by 4WD. There is a nice and wide gravel/rock road up the escarpment leading to the property, but the weather over the years has caused deterioration to the surface. The track in is approx 6km's and travel time from the property to New Norfolk is around 20 minutes. Whilst not a drive for the feint-hearted, the track would be no concern whatsoever for the seasoned four-wheel-driver. Call the local team at Derwent Real Estate for further information or to book a private inspection (property is not accessible to general public, there are locked gates etc on route).
The size of Magra is approximately 27.9 square kilometres. It has 4 parks covering nearly 34.2% of total area. The population of Magra in 2011 was 826 people. By 2016 the population was 714 showing a population decline of 13.6% in the area during that time. The predominant age group in Magra is 50-59 years. Households in Magra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Magra work in a trades occupation. In 2011, 86.9% of the homes in Magra were owner-occupied compared with 93.7% in 2016.
Magra has 403 properties. Over the last 5 years, Houses in Magra have seen a 56.10% increase in median value, while Units have seen a 407.33% increase. As at 31 October 2024:
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